2 Articles and my radar
Anthracite Capital is ReinflatingByGlen BradfordInstead of talking about finance institutions that are being diluted like Citigroup (C) and financial institutions that are so hot they’re already above their November lows like Wells Fargo (WFC) and Goldman Sachs (GS), I’m going to introduce you to a better place where it’s bottoms up from here.After getting the [...]
My Dad's Perspective
By Mark Bradford I am just about an easy-going guy as you can meet. Sure I get excited when I am in charge of something or other similar times, but for the most part I’ll just move over or stay out of the way when people try to use their perceived power on me because, [...]
Citi Cheats it's way past Q1
I gotta love it. First, mark to market was adjusted by FASB Then, citi claims that it won’t have an effect. Well, it kind of doesn’t. In their first quarter summary, they disclose that now they are using them! Citi adopted FASB’s recent rule changes regarding fair valuation (FAS 157) and other than temporary impairments [...]
C vs ETFC
Well the shorts prefer shorting c http://shortsqueeze.com/?symbol=c&submit=Short+Quote%99 insider transactions look better with c http://finviz.com/quote.ashx?t=c&ta=1&p=d mutual funds prefer etfc http://www.thebuylist.com/default.aspx?Stock=etfc etfc’s technicals are stronger http://stockcharts.com/h-sc/ui?s=etfc&p=D&yr=0&mn=6&dy=0&id=p04446711432 consensus.. Citigroup is more risky! Surprise!!!! So, if we think that citi will survive this, we will make more money, especially In the short term, because this thing is set to [...]
Financials Set To Soar
Allow me to start off by illustrating my sentiment from January 2008 – February 2009: I hate banks and I have no idea what they are doing. I hate anything financially related. But, I find myself not hating banks anymore. What happened? I’ve got 8 leading indicators that people might be aware of but aren’t [...]
Mark-To-Profit
Allow me to start off by illustrating my sentiment from January 2008 – February 2009: I hate banks and I have no idea what they are doing. I hate anything financially related. But, I find myself not hating banks anymore. What happened? I’ve got 8 leading indicators that people might be aware of but aren’t [...]
Week of April 12
For those of you who passed simple math, 2+2=4 For those of you who understand a successful merger/acquisition, the goal is the combination of the two companies to yield more than their separate parts, essentially 2+2=5 Anyway, what you saw in Wells Fargo is going to happen over the next 5 weeks to the entire [...]
BAC
Bank of America – Now is a good time to buy January 2011 Calls on BAC. Also, expect to see HIG beat the market this next week. It’s at $14.59, $20 sounds good. I expect $25. I expect it to be a lot like Citigroup, C. These ideas are not like my Buffet ideas. But, [...]